#BybitHackLaunderingInvestigation The crypto community is in shock after one of the most audacious hacks in history rocked the industry on February 21, 2025. A staggering $1.5 billion worth of $ETH was siphoned from Bybit, exposing critical flaws in systems once considered secure. Hackers exploited a vulnerability in the user interface to deceive multisig wallet signers, tricking them into authorizing illicit transactions—a stark reminder that even robust security measures can crumble under cunning social engineering.